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Markets & Money Today | 2 Min News | The Daily News Now!

The Daily News Now!

Stay informed with the latest business, stock market, and finance headlines, updates, and breaking stories delivered daily in quick, engaging episodes. Subscribe!The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:42

Stock Market Plummets, Tech Stocks Hit Hard

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Stock Market Suffers Significant Weekly Loss, Tech Stocks Plummet; Consumer Sentiment Plummets to Near-Record Low, But Wall Street Sees Buying Opportunities; Federal Reserve Rate Cuts Potentially on the HorizonThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:27

Mistrial in Crypto Theft Case: Peraire-Bueno...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Federal Judge Declares Mistrial in Cryptocurrency Theft Case: Two Brothers Accused of Stealing $25M in 12 SecondsIn a high-profile case, a federal judge declared a mistrial for two brothers, Anton and James Peraire-Bueno, accused of stealing $25 million in cryptocurrency. The brothers, MIT graduates, were charged with exploiting a vulnerability in the Ethereum blockchain. Prosecutors alleged they manipulated the network to trick trading bots and drain other traders accounts. The defense argued their

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1:41

Mobius Warns AI Stock Market Correction, Sees...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Legendary fund manager Mark Mobius warns of a potential 40% drop in AI stock valuations, suggesting a short-term pullback in the market. He advises investors to consider emerging market stocks, particularly Chinese and Indian tech, as alternative investment areas, citing their outperformance and potential boost from Federal Reserve rate cuts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:38

Mobius Warns AI Stock Market Correction, Sees...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Legendary fund manager Mark Mobius warns of a potential 40% drop in AI stock valuations, suggesting a short-term pullback in the market. He advises investors to consider emerging market stocks, particularly Chinese and Indian tech, as alternative investment areas, citing their outperformance and potential boost from Federal Reserve rate cuts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:52

Qcells Furloughs 1000 Workers Amid Customs Delays

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Qcells, a major solar manufacturer, faces significant challenges in its U.S. operations due to customs delays, leading to temporary furloughs of 1,000 workers. Despite these setbacks, the company remains committed to its long-term vision of a robust, American-centric solar industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:45

Stocks Rebound Amid Government Shutdown Hopes

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Stocks see mixed close as government shutdown talks bring hope; job cuts, consumer sentiment, and Fed comments add pressureThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:25

Take-Two's Stock Plummets on GTA Six Delay

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Take-Two Interactives stock plummets as Grand Theft Auto Sixs delay looms, pushing shares near a critical support level. Despite robust earnings, market sentiment is grim due to the delayed revenue from the highly anticipated title.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:48

FAA Cuts Cause Air Cargo Delays, Threaten Holiday...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

FAAs Flight Capacity Reduction Impacts Air Cargo: Experts Worry About Delays for Time-Sensitive ShipmentsThe Federal Aviation Administrations recent decision to reduce flight capacity by ten percent at forty major airports, including Los Angeles International Airport, has caused significant concerns for air cargo across the United States. This move, due to ongoing air traffic controller shortages, has led to over three thousand five hundred flight delays and more than nine hundred fifty

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2:00

UPS Plane Crash: Heroes Lost

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

On November 8th, a cargo plane crash in Louisville, Kentucky, claimed the lives of three UPS pilots and at least ten others. The pilots, Captain Richard Wartenberg, First Officer Lee Truitt, and International Relief Officer Captain Dana Diamond, were on board when a fire erupted in the left wing during takeoff. The plane crashed into nearby businesses, causing a massive fireball. Among the deceased was Matt Sweets, who was pulled from the wreckage with severe burns and later succumbed to his

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1:27

Stablecoins: Fed's New Monetary Policy Concern

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Federal Reserve Governor Stephan Miran warns of the growing impact of stablecoins on global monetary policy, potentially reaching a market value of one to three trillion dollars by the end of the decade. This surge could strengthen the US dollar, influencing the Feds goals for price stability and employment, and potentially requiring a monetary policy response. Miran also sees stablecoins as a potential catalyst for modernizing US financial infrastructure.The Daily News Now! — Every city. Every

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2:03

DoorDash CEOs Deliver Pizzas: WeDash Program

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

WeDash: DoorDashs Innovative Program - Corporate Executives Deliver Food to Gain Firsthand ExperienceDoorDashs WeDash program requires corporate employees, including top executives, to make deliveries at least four times a year, providing them with a firsthand experience of being a Dasher. This approach, also adopted by Uber, helps CEOs understand operational realities and identify areas for improvement. The program serves as a beta-testing ground for new app features, with employees providing

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1:36

OpenAI CEO Urges AI Infrastructure Tax Credit Expansion

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

OpenAIs CEO, Sam Altman, urges U.S. government to expand tax credit for AI infrastructure, including server production, data centers, and grid components. This push comes as OpenAI commits to spending $1.4 trillion on computational resources and the AI industry booms, with leading tech companies announcing new data centers and chip development. The request highlights the tension between government support for emerging technologies and concerns about direct corporate subsidies.The Daily News Now! —

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1:32

OpenAI Seeks Gov't Help for AI Infrastructure

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

OpenAI urges US government to expand tax credit, reduce AI infrastructure costs: A letter to the White House proposes broadening a thirty-five percent tax credit to cover AI data centers, servers, and parts of the electrical grid. This move aims to lower initial investment costs, encourage early funding, and unlock private money, ultimately accelerating AI development in the US and addressing current bottlenecks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See

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1:09

Nikkei 225 Futures: December Contract Surges

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Nikkei two two five futures: December contract surges, other contracts show movement; trading volume up, open interest down.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:43

Qcells Layoffs: Forced Labor Allegations Impact Solar...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Qcells, a leading solar panel manufacturer, faces challenges due to delayed imports, allegedly held up by US Customs over forced labor concerns. Despite denying any involvement, the company has laid off 300 contract workers in Georgia. However, Qcells remains committed to its $2.3 billion Cartersville plant, aiming to produce solar components domestically and reduce import reliance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more

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1:53

Mortgage Rates: Kentucky's Lowest, Hawaii's Highest

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Kentucky offers the lowest mortgage rates, while Hawaii has the highest. The national average is around 6.48%, with states like New York, North Carolina, and California having lower rates. Nevada, Massachusetts, Utah, and New Mexico share higher rates with Hawaii. State-by-state differences are due to lender competition, borrower credit profiles, loan sizes, and local regulations. The Federal Reserves rate cut didnt lower long-term mortgage rates, which are influenced by the ten-year Treasury yield,

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1:42

Trump Boycotts G20 Over South Africa Dispute

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Former President Trump boycotts G Twenty in South Africa due to alleged human rights abuses against White Afrikaners, citing land and farm confiscations. Vice President Vance also withdraws from attending. Tensions escalate following Trumps refusal to attend and his claims of targeted attacks on White farmers, leading to a halt in U.S. assistance to South Africa.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:38

Homeownership Dream Out of Reach for Many

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

New research reveals the daunting reality of homeownership for many Americans, with even a three percent down payment often unattainable. Younger generations lack the necessary savings, with median transaction account balances far below the average down payment. However, strategies like down payment assistance programs, debt management, and exploring retirement account options can help bridge the gap, highlighting the need for careful planning and resource exploration to achieve the homeownership

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1:25

Tesla's AI Investment Vote Fails

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

Teslas shareholders narrowly reject investment in Elon Musks AI startup, xAI, despite majority support. The proposal failed due to high abstention rates, which are counted as votes against. Teslas board will now consider the level of shareholder support as they decide on next steps. Musk continues to raise funds for xAI, aiming to build infrastructure for data centers and AI model training.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more

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1:54

Average American's Debt Load: A Breakdown

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/08

On November seventh, we delve into the average Americans debt load, revealing that the typical person carries around $100,000 in total debt. Revolving debts like home equity lines of credit and credit cards saw significant increases, while mortgage and auto loan debts also rose. However, student loan debt decreased due to federal actions. Millennials hold the largest average mortgage debt, while Generation X leads in credit card and car loan debts. To manage debt, understand your balances, interest

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